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Energy Giant Saudi Aramco Records 15% Profit Drop, Cites Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
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Maharashtra Mega Refinery Project With Aramco In Trouble: Report
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land, three sources familiar with the matter said.
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Tesla Expects to Miss Vehicle Delivery Targets for 2022, Q3 Revenues Miss Analyst Estimates
Tesla said on Wednesday that it expected to miss vehicle delivery targets for 2022, while displaying worries of reduced demand. The company's Q3 revenue missed Wall Street estimates, but Tesla CEO Elon Musk told analysts that there was excellent demand for the fourth quarter, while addressing concerns from investors over the weak global economy and...
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Oil Prices Ease To Below $98 A Barrel, Extend Losses On Supply Boost News
Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore US Gulf of Mexico platforms is resuming after a brief outage last week.
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Apple No Longer World’s Most Valuable Company, Dethroned by Saudi Aramco
Saudi Aramco, billed as the largest oil-producing company, has also become the world's most valuable company, surpassing American tech giant Apple. Rising demand and rising costs are driving up the value of oil company stocks.
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Saudi Aramco Dethrones Apple As World's Most Valuable Company: Report
Saudi Aramco on Wednesday dethroned Apple as the world's most valuable company as surging oil prices drove up shares and tech stocks slumped.
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Section Of Indian Refiners May Cut Down On Saudi Oil, Prefer Russian Crude
At least two Indian refiners plan to buy less Saudi oil in May, after the kingdom raised the official selling price to record highs for Asia
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Saudi Aramco Petroleum Storage Site Hit By Houthi Attack, Fire Erupts
Formula One CEO Stefano Domenicali told drivers and team bosses that the Grand Prix would go ahead as planned.
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Saudi-Led Coalition Says Aramco Fire "Under Control" After Yemen Rebel Strike
Yemen's Houthis said they launched attacks on Saudi energy facilities on Friday and the Saudi-led coalition said oil giant Aramco's petroleum products distribution station in Jeddah was hit, causing a fire in two storage tanks but no casualties.
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F1: Saudi Arabian GP Could Be Cancelled After Attack From Yemen On Aramco Facility
The race in Jeddah is home to the fastest street circuit in the world
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Gautam Adani Considers A Deal That Didn't Work Out For Mukesh Ambani
The Adani group, led by Indian tycoon Gautam Adani, has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country's Public Investment Fund, according to the people.
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Saudi Aramco Facility, Power Plant, Gas Station Attacked By Rebel Drones
Huthi rebels launched multiple attacks into southern Saudi Arabia Saturday, including one on a facility run by oil company Aramco in Jizan, the Saudi-led coalition fighting the rebels in Yemen said in a statement.
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Saudi's Aramco Increases Asia's Crude Bill For April to All-Time Highs
Saudi Arabia's state oil producer Aramco raised the April official selling prices (OSPs) for crude it sells to Asia to an all-time high.
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Chip Designer Mimicking Brain, Backed by Sam Altman, Gets $25-Million Funding
Rain Neuromorphics, a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said it raised $25 million (roughly Rs. 187 crore).
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India's Reliance Denies Report Of Bid For UK Telecom BT Group
Last week, Reliance and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of Reliance due to valuation concerns.
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Energy Giant Saudi Aramco Records 15% Profit Drop, Cites Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
-
Maharashtra Mega Refinery Project With Aramco In Trouble: Report
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land, three sources familiar with the matter said.
-
Tesla Expects to Miss Vehicle Delivery Targets for 2022, Q3 Revenues Miss Analyst Estimates
Tesla said on Wednesday that it expected to miss vehicle delivery targets for 2022, while displaying worries of reduced demand. The company's Q3 revenue missed Wall Street estimates, but Tesla CEO Elon Musk told analysts that there was excellent demand for the fourth quarter, while addressing concerns from investors over the weak global economy and...
-
Oil Prices Ease To Below $98 A Barrel, Extend Losses On Supply Boost News
Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore US Gulf of Mexico platforms is resuming after a brief outage last week.
-
Apple No Longer World’s Most Valuable Company, Dethroned by Saudi Aramco
Saudi Aramco, billed as the largest oil-producing company, has also become the world's most valuable company, surpassing American tech giant Apple. Rising demand and rising costs are driving up the value of oil company stocks.
-
Saudi Aramco Dethrones Apple As World's Most Valuable Company: Report
Saudi Aramco on Wednesday dethroned Apple as the world's most valuable company as surging oil prices drove up shares and tech stocks slumped.
-
Section Of Indian Refiners May Cut Down On Saudi Oil, Prefer Russian Crude
At least two Indian refiners plan to buy less Saudi oil in May, after the kingdom raised the official selling price to record highs for Asia
-
Saudi Aramco Petroleum Storage Site Hit By Houthi Attack, Fire Erupts
Formula One CEO Stefano Domenicali told drivers and team bosses that the Grand Prix would go ahead as planned.
-
Saudi-Led Coalition Says Aramco Fire "Under Control" After Yemen Rebel Strike
Yemen's Houthis said they launched attacks on Saudi energy facilities on Friday and the Saudi-led coalition said oil giant Aramco's petroleum products distribution station in Jeddah was hit, causing a fire in two storage tanks but no casualties.
-
F1: Saudi Arabian GP Could Be Cancelled After Attack From Yemen On Aramco Facility
The race in Jeddah is home to the fastest street circuit in the world
-
Gautam Adani Considers A Deal That Didn't Work Out For Mukesh Ambani
The Adani group, led by Indian tycoon Gautam Adani, has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country's Public Investment Fund, according to the people.
-
Saudi Aramco Facility, Power Plant, Gas Station Attacked By Rebel Drones
Huthi rebels launched multiple attacks into southern Saudi Arabia Saturday, including one on a facility run by oil company Aramco in Jizan, the Saudi-led coalition fighting the rebels in Yemen said in a statement.
-
Saudi's Aramco Increases Asia's Crude Bill For April to All-Time Highs
Saudi Arabia's state oil producer Aramco raised the April official selling prices (OSPs) for crude it sells to Asia to an all-time high.
-
Chip Designer Mimicking Brain, Backed by Sam Altman, Gets $25-Million Funding
Rain Neuromorphics, a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said it raised $25 million (roughly Rs. 187 crore).
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India's Reliance Denies Report Of Bid For UK Telecom BT Group
Last week, Reliance and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of Reliance due to valuation concerns.
